Midweek Mergers: June 4

04 June 2014 | Sophie Donoghue


Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email editorial@capacitymedia.com.

Deal of the week

Spanish incumbent Telefónica has finalised its deal to acquire a 56% stake in Distribuidora de Televisión (DTS) for an extra €25 million. [read more]

Midweek Mergers

India's Reliance Industries is planning to acquire a majority stake in Network18 Media and Investment for $680 million. [read more]

Deutsche Telekom has agreed to SoftBank's plan to acquire T-Mobile US, according to local reports. [read more]

Telefónica is reportedly in talks with German mobile operators Freenet and Drillisch, as well as Liberty Global's Unitymedia Kabel, as it continues to seek approval from the EU for its takeover of KPN's E-Plus. [read more]

Chipmaker Broadcom has announced that it has launched a review of its operations which may result in it selling or closing its cellular baseband unit. [read more]

Saudi Arabia-based Mobily has pulled out of talks to acquire fixed-line operator Atheeb Telecommunications. [read more]

International Investments

Internet giant Google is planning to invest over $1 billion on satellite communications in a bid to provide internet access to untapped regions across the world. [read more]

Indonesian telecoms tower provider Sarana Menara Nusantara (SMN) has announced plans to raise $332 million to finance its network expansion. [read more]

New Zealand telecoms regulator the Commerce Commission (ComCom) has approved Telecom NZ's acquisition of a block of spectrum in the 700MHz band. [read more]